MGO Global (NASDAQ:MGOL – Get Free Report) is one of 29 public companies in the “Apparel, finished products from fabrics & similar materials” industry, but how does it weigh in compared to its competitors? We will compare MGO Global to similar companies based on the strength of its valuation, risk, analyst recommendations, profitability, dividends, earnings and institutional ownership.
Valuation and Earnings
This table compares MGO Global and its competitors revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
MGO Global | $5.36 million | -$7.14 million | -0.46 |
MGO Global Competitors | $2.14 billion | $140.73 million | 17.23 |
MGO Global’s competitors have higher revenue and earnings than MGO Global. MGO Global is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Profitability
Net Margins | Return on Equity | Return on Assets | |
MGO Global | -133.23% | -226.43% | -170.71% |
MGO Global Competitors | -334.81% | -9.70% | -9.66% |
Insider and Institutional Ownership
1.1% of MGO Global shares are owned by institutional investors. Comparatively, 44.4% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by institutional investors. 58.9% of MGO Global shares are owned by insiders. Comparatively, 21.1% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Volatility & Risk
MGO Global has a beta of 5.44, indicating that its share price is 444% more volatile than the S&P 500. Comparatively, MGO Global’s competitors have a beta of 1.23, indicating that their average share price is 23% more volatile than the S&P 500.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for MGO Global and its competitors, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
MGO Global | 0 | 0 | 0 | 0 | N/A |
MGO Global Competitors | 339 | 1557 | 2231 | 69 | 2.48 |
As a group, “Apparel, finished products from fabrics & similar materials” companies have a potential upside of 22.02%. Given MGO Global’s competitors higher probable upside, analysts plainly believe MGO Global has less favorable growth aspects than its competitors.
Summary
MGO Global competitors beat MGO Global on 7 of the 10 factors compared.
About MGO Global
MGO Global, Inc. operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand. MGO Global, Inc. was founded in 2018 and is headquartered in Fort Lauderdale, Florida.
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